Home Buying in 85224 : Questions & Answers

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Doug McVinua, Real Estate Pro in 85295
Doug McVinua answered:
We would like to rent our existing home and buy another. What steps should we take to begin this process?
Lets start with a new lender to determine the buying power you have and also do an analysis of your current home for the rental. Perfectly fine to do this, it s a great strategy. let s ... more
0 votes Share Flag Sun Feb 3, 2013 Home Buying in 85224
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
Someone mentioned that you can get a USDA loan with 0% down with certain income limits. What are the income limits? Thanks!
Oops, I didn't see that this was in Arizona, just saw you were from Atlanta. http://www.rurdev.usda.gov/SupportDocuments/AZ%20GRH.pdf is a list of Arizona's USDA Guaranteed i ... more
0 votes Share Flag Thu Oct 13, 2011 Home Buying in 85224
Stephanie We…, Real Estate Pro in Gilbert, AZ
Stephanie Weiss answered:
Short Sale and asking sellers to fix the roof...
If it shows up as an item on the appraisal and the appraiser is recommending replacement, you may not be able to get the loan without getting it fixed. Have you talked to your lender a ... more
0 votes Share Flag Sat Jun 25, 2011 Home Buying in 85224
James Wehner, Real Estate Pro in South Scottsdale, Sc...
James Wehner answered:
my X boyfriend is going to short sell his house. My name was never on the loan and i removed my name from title 6 months ago. Could i buy his house?
All parties involved in the sale of a short sale home are required to sign a Arms Length Transaction Affidavit. Being that you are a girlfriend of the owner, you are disqualified.
0 votes Share Flag Tue Mar 8, 2011 Home Buying in 85224
Gary Chen, Real Estate Pro in Chandler, AZ
Gary Chen answered:
Is this property still available to take offers? MLS 4470508

The status of this listing is AWC which means Active With Contingent. It's the MLS terms in the real estate world. In plain English, it means this short sale listing has ... more
0 votes Share Flag Fri Jan 7, 2011 Home Buying in 85224
Doug McVinua, Real Estate Pro in 85295
Doug McVinua answered:
I was curious to know as a first time buyer, if I should stay away from fannie mae owned homes?
Your question was asked on Trulia some time ago, have you been able to resolve your situation and meet your goals?

Would you like professional representation in the Arizona Real Esta ... more
0 votes Share Flag Mon Jan 3, 2011 Home Buying in 85224
Dave Dion, Real Estate Pro in Gilbert, AZ
Dave Dion answered:
Our home is underwater by $90K & the home is in her name only, we need to move 4 work so would I be able to buy a home in my name if she
We have helped many families in the past year. Because of this, we have put together a website for Arizona short sale information at http://www.ShortSalesAreHere.com where you will fin ... more
0 votes Share Flag Fri Aug 27, 2010 Home Buying in 85224
William Smith, Real Estate Pro in 92646
William Smith answered:
my wife is the only one on our current house. I want to buy a house on my own. Can I use her income to apply without them pulling her credit? Or
There is no way to use your wife's income and not have her credit report pulled. You just don't get to have it both ways. If you can qualify without her, ok. The other thin ... more
0 votes Share Flag Sun Oct 4, 2009 Home Buying in 85224
Voices Member,  in
Voices Member answered:
Is it okay for a REALTOR at one real estate company to hold an open house for another copmany?
In this market, we all need to pitch in and work together and what better way then seeing two agencies working to sell one property. The listing brokerage is protected and after all t ... more
0 votes Share Flag Thu Feb 5, 2009 Home Buying in 85224
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